Enclave Advisors LLC Acquires 4,457 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Enclave Advisors LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 3.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 129,985 shares of the company’s stock after buying an additional 4,457 shares during the quarter. SPDR S&P Aerospace & Defense ETF accounts for approximately 4.4% of Enclave Advisors LLC’s portfolio, making the stock its 6th biggest position. Enclave Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $31,358,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in SPDR S&P Aerospace & Defense ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 810,236 shares of the company’s stock worth $190,373,000 after acquiring an additional 44,082 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 28.7% in the 3rd quarter. Raymond James Financial Inc. now owns 250,121 shares of the company’s stock valued at $58,768,000 after purchasing an additional 55,705 shares in the last quarter. Quadrature Capital Ltd bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the third quarter worth about $46,032,000. Howard Capital Management Group LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 0.6% during the third quarter. Howard Capital Management Group LLC now owns 189,800 shares of the company’s stock worth $44,595,000 after purchasing an additional 1,128 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 13.2% in the third quarter. Commonwealth Equity Services LLC now owns 151,571 shares of the company’s stock worth $35,613,000 after purchasing an additional 17,677 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Down 2.5%

Shares of NYSEARCA XAR opened at $250.57 on Friday. SPDR S&P Aerospace & Defense ETF has a twelve month low of $137.09 and a twelve month high of $295.39. The business has a 50 day simple moving average of $275.14 and a 200-day simple moving average of $252.15. The company has a market capitalization of $5.32 billion, a price-to-earnings ratio of 35.83 and a beta of 1.13.

SPDR S&P Aerospace & Defense ETF Profile

The SPDR S&P Aerospace & Defense ETF (XAR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an equal-weighted index of US aerospace & defense companies. XAR was launched on Sep 28, 2011 and is managed by State Street.